SUCCESS
How AI Can Level The Playing Field For Workers In Salary Negotiations
Each organization has its own system for conducting salary negotiations. For example, some companies give their “best” offer and won’t entertain negotiations. It’s a “take it or leave it” situation. Other employers may be tricky and put out a lowball offer to see how desperate you are.
Other times, candidates are able to advocate for themselves. The problem is the power imbalance in the vast knowledge and experience. Human resources professionals and hiring managers do this all the time, whereas job seekers may not be as savvy and prepared when entering negotiations.
Job applicants sometimes struggle to figure out how much their knowledge and experience are actually worth. Moreover, the lack of accurate salary data available places candidates at a disadvantage. It’s easy to shoot too high or go too low. When dealing directly with a manager or HR, it’s likely that you will avoid pushing too much because you don’t want to be perceived as a difficult person. Similarly, if you fight tooth and nail for counteroffers, it could also make the hiring manager feel that you are just using the position as a jumping-off point for more money, and don’t actually care about the role.
According to research from CareerBuilder, 55% of job candidates do not engage in negotiations for higher pay with their new employer because they are uncomfortable (53%), afraid the company will rescind its offer (48%) or do not want to be perceived as greedy (38%).
When you view salary negotiations as personal rather than business, your emotions can cloud your judgment. You may walk away from a great career opportunity and come to later regret it, especially as CareerBuilder found that a majority of employers (73%) are open to salary negotiations on a job offer.
Stellantis Uses ‘Mandatory Remote Work Day’ To Lay Off 400 Employees
White-collar workers at Chrysler-parent Stellantis have reason to be nervous if they ever receive a company notice telling them it’s mandatory that they work remotely on a particular day.
That’s what happened to 400 or so of their colleagues on Thursday. They were informed via a notice that the next day the carmaker would be “holding important operational meetings that require specific attention and participation."
"To ensure everyone can effectively participate," the notice continued, "we have decided to implement a mandatory remote work day." Employees, it indicated, were “expected to work from home unless otherwise instructed by your manager.” The Car Dealership Guy X account shared the notice on Thursday.
The workers in question were salaried, nonunion employees in technology and engineering in the U.S.
During the remote meeting on Friday, they were informed that they were being laid off.
Boeing CEO Steps Down In Management Shake-Up Amid 737 Max Drama
Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for the embattled aerospace giant.
Larry Kellner, chairman of the board, will not stand for reelection at Boeing’s annual meeting in May, Boeing said Monday. He will be succeeded as chair by Steve Mollenkopf, who has been a Boeing director since 2020 and is a former CEO of Qualcomm. Mollenkopf will lead the board in picking a new CEO, Boeing said.
And Stan Deal, president and chief executive of Boeing’s commercial airplanes unit, is leaving the company effective immediately. Moving into his job is Stephanie Pope, who recently became Boeing’s chief operating officer after previously running Boeing Global Services.
The departures come as airlines and regulators have been increasing calls for major changes at the company after a host of quality and manufacturing flaws on Boeing planes.
Remote Workers Say They’d Return To The Office If They Get Housing Benefits
According to a survey of over 1,000 workers and bosses by insurance firm JW Surety Bonds, nearly half (47%) of respondents said they’d return to their offices if their company offered them housing benefits.
Plus, nearly 7 in 10 (69%) are so desperate for employer-sponsored housing benefits, they said they’d change a job—or even their whole career path—in order to work at a firm that offers them. That’s an indictment of the housing market, to be sure, but it’s also a statement of just how much an office return is still used as a bargaining chip.
The Benefits Of Investing In Employee Wellness
A study from Columbia University finds that executives tend to prioritize talking about customers over their employees, with many believing that customers are “analogous to opportunities,” while employees are analogous to “risks.” While prioritizing customers may help boost revenue in the short-term, it can have a major impact on employee retention and increase long-term costs for the organization.
Research supports a strong business case for investing in employee wellness, with WTW research finding that companies with effective well-being programs outperform their counterparts in key areas, including financial performance, retention and productivity. Similarly, U.S. companies with higher well-being scores have a superior return on their assets, generate higher profits and command higher valuations, according to research from Oxford’s Well-being Research Center.
HR leaders must approach well-being strategy with a long-term view, ensuring that programs align with company goals and can be adapted to evolving workforce needs. Research finds that 71% of HR leaders say they can clearly see a return on investment of their well-being efforts, while 90% of workers say they are more effective at work.
Are You Being Sick Shamed?
According to the Wall Street Journal, office workers are coming into office at the highest rate in four years — even when they’re ill.
Bosses often encourage employees to come to work, even when sick. With hybrid work becoming the norm, bosses will now ask if employees are well enough to work from home.
“[Workers] feel shamed by bosses if they call in sick or shamed by colleagues if they show up contagious,” said the Wall Street Journal in an article. If workers try to come in, they will be positively acknowledged by their bosses but potentially looked down on by their colleagues.
Additionally, coming into work sick runs the risk of spreading illness to others, and in the long run, this could halt productivity beyond just one person calling out sick for a few of days.
Bitcoin Jumps 7%, Retakes $70,000 To Start The Week
Bitcoin spiked to start the final week of March, reclaiming the $70,000 level. The price of the flagship cryptocurrency was last higher by about 7% at $70,617.68, according to Coin Metrics. Ether jumped 7% to $3,621.30. Most other cryptocurrencies rode the bitcoin wave, too.
How To Get A Job In Tough Times: All The Advice You Need To Succeed From A Top Executive Recruiter
There’s an old saying, “Tough times make tough people.” In this book, Jack Kelly will help guide you every step of the way in your job search to ensure that you stay strong, resilient and positive, and get that great, new job.
